JULQ vs. QDTE

Last updated Jun 5, 2026

JULQ (Innovator Premium Income 40 Barrier ETF - July) and QDTE (Roundhill Innovation-100 0DTE Covered Call Strategy ETF) are both exchange-traded funds - JULQ is a Options Trading fund actively managed by Innovator, while QDTE is a Derivative Income fund actively managed by Roundhill. Both are actively managed. JULQ charges 0.79%/yr vs 0.97%/yr for QDTE.

Performance

JULQ vs. QDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Premium Income 40 Barrier ETF - July (JULQ) and Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JULQ

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QDTE

• 1D: -0.45%
• 1M: 7.12%
• YTD: 16.06%
• 6M: 15.73%
• 1Y: 39.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JULQ vs. QDTE - Yearly Performance Comparison

	2026 (YTD)
JULQ Innovator Premium Income 40 Barrier ETF - July	0.00%
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF	16.45%

JULQ vs. QDTE - Sectors Allocation Comparison

Sectors	JULQ	QDTE
Technology	31.7%	-
Financial Services	14.0%	5.4%
Healthcare	10.9%	-
Consumer Cyclical	10.4%	-
Communication Services	9.5%	-
Industrials	7.7%	-
Consumer Defensive	6.2%	-
Energy	3.2%	-
Utilities	2.6%	-
Real Estate	2.3%	-
Basic Materials	1.8%	-

Return for Risk

JULQ vs. QDTE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QDTE

QDTE Risk / Return Rank: 79
QDTE Sharpe Ratio Rank: 82
QDTE Sortino Ratio Rank: 77
QDTE Omega Ratio Rank: 78
QDTE Calmar Ratio Rank: 77
QDTE Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JULQ vs. QDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 40 Barrier ETF - July (JULQ) and Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	JULQ	QDTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.29	—

Drawdowns

JULQ vs. QDTE - Drawdown Comparison

The maximum JULQ drawdown since its inception was 0.00%, smaller than the maximum QDTE drawdown of -22.86%. Use the drawdown chart below to compare losses from any high point for JULQ and QDTE.

Drawdown Indicators

	JULQ	QDTE	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-22.86%	+22.86%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.20%	—
Current Drawdown Current decline from peak	0.00%	-0.60%	+0.60%
Average Drawdown Average peak-to-trough decline	0.00%	-3.14%	+3.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.52%	—

Volatility

Volatility by Period

	JULQ	QDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.72%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	14.81%	-14.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	18.42%	-18.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	18.42%	-18.42%

JULQ vs. QDTE - Expense Ratio Comparison

JULQ has a 0.79% expense ratio, which is lower than QDTE's 0.97% expense ratio.

Dividends

JULQ vs. QDTE - Dividend Comparison

JULQ has not paid dividends to shareholders, while QDTE's dividend yield for the trailing twelve months is around 43.41%.

Position	TTM	2025	2024
JULQ Innovator Premium Income 40 Barrier ETF - July	0.00%	0.00%	0.00%
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF	43.41%	49.49%	32.09%

Frequently Asked Questions

Which ETF is better, JULQ or QDTE?

On fees, JULQ is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JULQ or QDTE?

JULQ is cheaper with a 0.79% expense ratio, compared with 0.97% for QDTE.

Which ETF pays a higher dividend yield, JULQ or QDTE?

QDTE has the higher dividend yield at 43.41%, compared with 0.00% for JULQ.

What is the main difference between JULQ and QDTE?

JULQ is categorized as Options Trading, while QDTE is Derivative Income. They also come from different issuers: Innovator and Roundhill. Their fees differ too: 0.79% for JULQ and 0.97% for QDTE.